23, THE TEASELS, BINGHAM, NOTTINGHAM, NG13 8TY - £246,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 THE TEASELS is a very large detached house of 150m², built sometime between 1996 and 2002. It was last sold for £246,000 in November 2011, which was around 10% below the average November 2011 detached price in the Rushcliffe local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

23 THE TEASELS Sold Prices

Land registry data shows four sales for 23 THE TEASELS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rushcliffe local authority area for the corresponding sale date. Most of the four 23 THE TEASELS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 16 NOV	£246,000	£273,391	10% below HPI
2003 13 NOV	£202,000	£245,801	18% below HPI
2002 11 JAN	£156,000	£168,323	7% below HPI
1996 20 DEC	£94,000	£93,505	1% above HPI

23 THE TEASELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The four 23 THE TEASELS sales between December 1996 and November 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 23 THE TEASELS?

23 THE TEASELS is 150m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Bingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bingham, and where 23 THE TEASELS lies on this distribution: 83% of detached houses are smaller than 23 THE TEASELS, and 17% of houses are larger. Note that EPC data is not available for all properties in Bingham.

23 THE TEASELS: Plot and Title Map

23 THE TEASELS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 23 THE TEASELS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 THE TEASELS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 THE TEASELS?

23 THE TEASELS is located in BINGHAM, in the NG13 postcode district. The below map shows the position of No. 23 on THE TEASELS.